http://www.visioncredit.org Your Nonprofit Credit Counseling Organization Sat, 04 Feb 2012 20:07:52 +0000 hourly 1 http://wordpress.org/?v=3.1.2 http://www.visioncredit.org/credit-counseling/credit-score-information/credit-definitions/credit-report/comment-page-1/#comment-15908 Don’t be Foolish – Sign That Credit Card-Credit Sat, 04 Sep 2010 16:45:20 +0000 http://www.visioncredit.org/?page_id=338#comment-15908 [...]  You are required by your credit card company to sign the back of the card.  If you do not, you are not honoring your agreement with the credit card company, and it is of no benefit to you.  Though most merchants will take them regardless, that is their fault.  By leaving the back blank, you are opening yourself up for the opportunity for a thief to get a hold of your card, sign “your” signature however they choose, and then use that signature to verify the signature of any purchases they make fraudulently.  If you had your signature on the back and a merchant does check it (which they most certainly will do if they are making a larger purchase and may even do if it is a smaller one), then they will be required to offer up ID since the signatures don’t match.  Unless they stole your ID as well and look just like you, this won’t work, so they’ll just offer up some excuse about leaving it at home and slink out of the store, no harm to your credit. [...] [...]  You are required by your credit card company to sign the back of the card.  If you do not, you are not honoring your agreement with the credit card company, and it is of no benefit to you.  Though most merchants will take them regardless, that is their fault.  By leaving the back blank, you are opening yourself up for the opportunity for a thief to get a hold of your card, sign “your” signature however they choose, and then use that signature to verify the signature of any purchases they make fraudulently.  If you had your signature on the back and a merchant does check it (which they most certainly will do if they are making a larger purchase and may even do if it is a smaller one), then they will be required to offer up ID since the signatures don’t match.  Unless they stole your ID as well and look just like you, this won’t work, so they’ll just offer up some excuse about leaving it at home and slink out of the store, no harm to your credit. [...]

]]> http://www.visioncredit.org/credit-counseling/credit-score-information/credit-definitions/credit-report/comment-page-1/#comment-7966 Don’t be Foolish – Sign That Credit Card | Credit Blog Fri, 28 Aug 2009 14:14:47 +0000 http://www.visioncredit.org/?page_id=338#comment-7966 [...]  You are required by your credit card company to sign the back of the card.  If you do not, you are not honoring your agreement with the credit card company, and it is of no benefit to you.  Though most merchants will take them regardless, that is their fault.  By leaving the back blank, you are opening yourself up for the opportunity for a thief to get a hold of your card, sign “your” signature however they choose, and then use that signature to verify the signature of any purchases they make fraudulently.  If you had your signature on the back and a merchant does check it (which they most certainly will do if they are making a larger purchase and may even do if it is a smaller one), then they will be required to offer up ID since the signatures don’t match.  Unless they stole your ID as well and look just like you, this won’t work, so they’ll just offer up some excuse about leaving it at home and slink out of the store, no harm to your credit. [...] [...]  You are required by your credit card company to sign the back of the card.  If you do not, you are not honoring your agreement with the credit card company, and it is of no benefit to you.  Though most merchants will take them regardless, that is their fault.  By leaving the back blank, you are opening yourself up for the opportunity for a thief to get a hold of your card, sign “your” signature however they choose, and then use that signature to verify the signature of any purchases they make fraudulently.  If you had your signature on the back and a merchant does check it (which they most certainly will do if they are making a larger purchase and may even do if it is a smaller one), then they will be required to offer up ID since the signatures don’t match.  Unless they stole your ID as well and look just like you, this won’t work, so they’ll just offer up some excuse about leaving it at home and slink out of the store, no harm to your credit. [...]

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